Avalon Labs Raises $10M to Expand Its Bitcoin DeFi Ecosystem and USDa Stablecoin
TL;DR Avalon Labs raised $10 million in a Series A funding round aimed at expanding its Bitcoin-based DeFi ecosystem and its USDa stablecoin. The platform allows
stablecoin (Latest Publications)
Tether Targets Europe with Strategic Investment in MiCA-Compliant StablR
TL;DR Tether invests in StablR, a European stablecoin issuer that complies with the MiCA framework regulations, which comes into effect on December 30, 2024. The investment
Breaking: Ripple’s RLUSD Stablecoin Officially Debuts on Global Exchanges, XRP Soars!
TL;DR The launch of Ripple USD (RLUSD) on exchanges marks a milestone after overcoming many legal obstacles, offering a new stablecoin. RLUSD facilitates fast and cost-effective
Ethena Officially Launches USDtb Stablecoin Backed by BlackRock’s BUIDL Fund
TL;DR Ethena has launched its much-anticipated stablecoin, USDtb, backed by BlackRock’s BUIDL fund, marking a significant milestone for the company. USDtb is designed to provide a
Aave Considers Exiting Polygon PoS Chain Over Stablecoin Reserve Proposal
TL;DR Aave Chan proposes adjustments to its services to mitigate risks associated with bridged assets on Polygon. Polygon is evaluating a strategy to leverage $1.3 billion
Ripple CTO David Schwartz Issues Warning Ahead of RLUSD Stablecoin Launch
TL;DR Ripple CTO David Schwartz has issued a cautionary note ahead of the RLUSD stablecoin launch, warning of potential supply shortages and price volatility despite its
Polygon Community Considers Generating Yield from $1B in Idle Reserves
TL;DR The Polygon community is evaluating a proposal to generate yield from over $1 billion in idle stablecoin reserves on its PoS Chain bridge. The strategy
Starting Today, Coinbase Delists USDT and Other Stablecoins Across Europe
TL;DR Coinbase has delisted several stablecoins, including USDT, across its European platforms to comply with the EU’s MiCA regulations, effective today. Affected stablecoins include USDT, PAX,
Frax Finance Developing AI Tech Stack for Fraxtal Layer 2
TL;DR Frax Finance is developing an advanced AI tech stack for its Layer 2 rollup, Fraxtal, as part of its 2025 Vision Roadmap, integrating AI with
Circle and Binance Announce Partnership to Drive Global Stablecoin Adoption
TL;DR Circle and Binance have announced a strategic partnership to accelerate the global adoption of the USD Coin (USDC) stablecoin, unveiled during Abu Dhabi Finance Week.
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